Iowa News

The Case for Group Legal: Now More Than Ever

To say today’s human resource managers are getting the squeeze is the understatement of the year. They are forced to do more with less, yet at the same time, they need to provide more options. In a recent study conducted …

Rain and Hail L.L.C. Joins Trusted Choice

Rain and Hail L.L.C., a national crop insurance underwriter, is the newest company partner of Trusted Choice —the national branding initiative created for independent agents and brokers that highlights the benefits they offer to consumers. Rain and Hail, based in …

Mosher Joins Board of Directors for Employers Insurance Company of Nevada

Employers Insurance Company of Nevada, A Mutual Company (EICN), announced that Ronald F. Mosher has joined the company’s Board of Directors. Mosher possesses extensive knowledge of the insurance industry, and most recently served as a senior executive with AEGON N.V., …

Iowa Agent Gets 4 Years for Securities Fraud

A Marion, Iowa, insurance agent was sentenced to four years in prison for selling fraudulent securities, according to The Marion Star. Paul L. Edwards, 68, received three years for reportedly engaging in a pattern of corrupt activity and one year …

Healthcare Environmental Liability

Nuts & Bolts: Helix Insurance has a market for healthcare environmental liability. Dollars: $1 million per claim/$5 million aggregate. Deductibles of $0 physician groups/$5,000 institutions. Minimum premium of $2,000. Carrier: USF Insurance Co., “A”-rated. Non-admitted market. States Available: Alabama, Arkansas, …

Iowa Mutual, Iowa American Upgraded

A.M. Best Co. upgraded the financial strength ratings to “A” (excellent) from “B” (fair) of Iowa Mutual Insurance Company and Iowa American Insurance Company both of De Witt, Iowa. The ratings have been removed from under review. The rating outlook …

Ill. Insurance Director Tony Clark May Face Another Budget Crunch

When he was finally appointed Illinois’ new insurance director two months into a new governor’s term last March, J. Anthony Clark was put in an untenable position. He had been interviewing for a job in Democratic Gov. Rod Blagojevich’s administration …

Community First Acquires Colorado Insurance Agency

Community First Bankshares Inc., through its affiliate, Community First Insurance Inc., has acquired Arnold & Arnold, Inc., Littleton, Colo. Community First also has acquired an insurance book of business from Colorado Benefit Services Inc., Parker, Colo., in an unrelated transaction. …

Donegal Finalizes Le Mars Acquisition

Marietta, Pa.-based Donegal Group Inc. completed the previously announced acquisition of all of the outstanding capital stock of an affiliated company, Le Mars Mutual Insurance Co. of Iowa, following the conversion of Le Mars to a stock insurance company for …

Insco Dico Promotes Tobis to Oversee Midwest Operations

Irvine, Calif.-based surety-bond writer the Insco Dico Group announced the promotion of Sam Tobis to regional vice president, based in Des Moines, Iowa. Tobis joined the Insco Dico Group in 1995 to open the Des Moines branch and will now …